Selling Old Earrings and Necklaces
When it comes to earrings, necklaces, and everything else that’s been lying around in your jewelry box, the number one mistake you can make is to do nothing with them. Jewelry and precious metals are meant to be shared, to be enjoyed, and worn by their owners as expressions of personal style and esteem, and do no good waiting around to be worn.
If you have old, or even broken, earrings and necklaces that you don’t intent to wear again, do some sifting through your jewelry box. You might be surprised about the unexpected treasures that these old articles can yield, especially if you go about things the right way. How do you go about things? Half the battle is already won - you’re reading this article, and you’re about to find out how to go about selling old earrings and necklaces.
Should you go to a jeweler?
Many people have the instinct to go to a jeweler first wiht their earrings or necklaces. This isn’t surprising, considering most peoples’ experience with jewelry is limited to their local jeweler. Many people - for better or for worse - place a disproportionate amount of trust in their jeweler because they are not “up and up” in the world of jewelry to feel that they can make their own judgments, assessments, and decisions.
But it’s not a mistake to go to a jeweler - at least not if you plan on only asking a few questions. If you have an old pair of earrings or an old necklaces and the jeweler said that repair will be cheap, you might actually plan on using them again - you might as well go for the repair. However, you want to be sure about the prices before you volunteer to have them repaired; you don’t want to incur any unexpected costs.
Should you go to a jeweler? It depends on two things: what do you plan on doing with your jewelry again? If you plan on wearing it, take it to a jeweler to have it refurbished or repaired - whatever your individual needs may be. If not, keep reading. And the second question to ask is: do you want to invest any more money into your jewelry? If not, than a jeweler can’t do much but offer you advice.
Getting advice from a jeweler is a good idea, but don’t let them pressure you into anything too soon. Let them know that you don’t plan on doing anything just yet, and be firm in this so that you can get some objective advice.
If not a jeweler, then where?
If you’re not planning on wearing your jewelry, then you’ve got some other options to explore. For many people, these are new options that they haven’t really delved into yet. That’s a good thing - at this point, your goal is to learn.
If you don’t plan on wearing your jewelry, but you feel you can still make a significant amount of money from their sale, this is the part that will be important for you. You’re going to want to investigate the different options available to you.
These options include going to auctions with your jewelry - though this usually requires a refinished, repaired piece of jewelry - or going to an online metal broker.
Online metal brokers like JewelryPaq are looking for the precious metals - not the stones - present in your jewelry. These precious metals include gold, silver and platinum. Don’t worry if your jewelry isn’t pure gold or silver - they’re looking to melt these items down anyway, and they’ll be recycling them for industrial re-use.
Using an online metal broker
If you decide to go with an online metal broker like JewelryPaq, you’ll receive an insured package for mailing your jewelry. This package will be crucial because it helps guarantee the safety of the earrings and necklaces you’ll probably be sending out.
Note: if you’re not comfortable working with online brokers yet, and this is your first experience, why not start with something smaller? Start with something you can afford to lose and see how you like the process. You might be surprised at the quick turnaround of the overall process, and how much simpler it is than you might have thought.
Keep in mind not to expect the best or worst of this process. Don’t get your hopes up because someone is willing to buy your jewelry - remember that it’s simply the raw materials that you’re selling. You will get a fair, but not extravagant, price for what you can provide.
These are just a few of the options for selling your old earrings and necklaces. Be sure to check out JewelryPaq for more on how it works and how you can work with them.
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